Senior Vice President (SVP), Operations Salary

On average, Senior Vice Presidents of Operations in the United States earn six-figure salaries ($149K) annually, making for a very well-paid profession. Total cash incomes of Senior Vice Presidents of Operations run from $91K to $282K, depending on bonuses that can occasionally exceed $76K, profit sharing that reaches $40K, and some commissions of nearly $60K. Career duration is the main element affecting pay for this group — geography and the particular employer are driving factors as well. Male Senior Vice Presidents of Operations are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Work is enjoyable for Senior Vice Presidents of Operations, who typically claim high levels of job satisfaction. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$86,129 - $228,342

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$14.50 - $58.00

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Salary
$86,129 - $228,342  
   
Bonus
$2,449 - $76,392  
Profit Sharing
$1,967 - $40,472  
Commission
$0.00 - $59,598  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,903 - $281,776  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,554
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$14.50 - $58.00  
   
Overtime
$14.00 - $46.45  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$2,449 - $76,392  
   
Commission
$0.00 - $59,598  
Profit Sharing
$1,967 - $40,472  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,903 - $281,776  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 14
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Job Description for Senior Vice President (SVP), Operations

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.

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Senior Vice President (SVP), Operations Tasks

  • Partner with other senior management to discuss strategies, objectives, and obstacles.
  • Monitor and strategize to reach annual targets and new markets.
  • Oversee and manage regional and cross-functional divisions of an organization.
  • Oversee accounting and financial analysis, and monitor for profitability and losses.

Common Career Paths for Senior Vice President (SVP), Operations


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Senior Vice Presidents of Operations sometimes move into a Chief Executive Officer role, where the salary is similar. A lot of Senior Vice Presidents of Operations advance their careers by becoming Chief Operating Officers and Presidents. However, those positions offer $36K less and $21K less per year on average.

Senior Vice President (SVP), Operations Job Listings

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Popular Employer Salaries for Senior Vice President (SVP), Operations


Senior Vice Presidents of Operations seeking a sizable paycheck can earn the most at Bank of America Corp. (BOFA), where the median salary comes to $167K, though the large pay difference between employees at the top ($97K) and those starting out ($225K) creates a rather diverse pay scale.

Not only do salaries lack room to grow — pay ranges from $118K to just $176K — but Citigroup, Inc. offers the lowest pay in town to boot, with a median paycheck of $152K.

Popular Skills for Senior Vice President (SVP), Operations


Senior Vice Presidents of Operations report using a diverse set of skills on the job. Most notably, facility with Contract Negotiation and Team Leadership are correlated to pay that is significantly above average, leading to increases of 39 percent and 4 percent, respectively. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. People Management and Sales Management also typically command lower compensation. Most people skilled in Operations Management are similarly competent in Leadership and Project Management.

Pay by Experience Level for Senior Vice President (SVP), Operations

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience seems to be a major factor in determining the incomes of Senior Vice Presidents of Operations. Individuals who have worked for fewer than five years report earning $103K on average, a generous six-figure sum for those just starting out. Senior Vice Presidents of Operations bring in $173K after working for 10 to 20 years. Senior Vice Presidents of Operations who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $186K.

Pay Difference by Location


For those looking to make money, Senior Vice Presidents of Operations in Seattle enjoy an exceptional pay rate, 35 percent above the national average. Senior Vice Presidents of Operations can also look forward to large paychecks in cities like Boston (+32 percent), Philadelphia (+31 percent), San Diego (+28 percent), and Minneapolis (+26 percent). Chicago ranks last in the field for pay, reporting salaries 2 percent below the national average.

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Experience Affects Senior Vice President (SVP), Operations Salaries



National Average
$172,000



Skills That Affect Senior Vice President (SVP), Operations Salaries

Contract Negotiation
up arrow 39%

Team Leadership
up arrow 4%

Strategic Planning
up arrow 2%

Operations Management
up arrow 1%

Leadership
up arrow 1%

National Average
$172,000


Risk Management / Risk Control
up arrow 13%

Sales Management
up arrow 16%

People Management
up arrow 17%

Financial Analysis
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 290 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
7%
10-19 years
35%
20 years or more
55%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 78%
vision benefits Vision: 63% employee benefits None: 8%
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